Examlex
Which type of angel is most likely to intervene if the business is not going well?
Production Possibilities Curve
A visual diagram demonstrating the highest potential production pairings of two products or services that can be attained by an economy when every resource is used completely and effectively.
Technological Advance
The introduction or improvement of technology, leading to increased efficiency, productivity, or new capabilities within society or specific industries.
Production Possibilities Curve
The production possibilities curve illustrates the maximum possible output combinations of two goods that an economy can achieve when all resources are fully and efficiently utilized.
Output
The cumulative volume of goods or services yielded by a business, industry, or economic structure.
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